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Most of these "whales" are hot and cold wallets for various exchanges, investment fund holdings, seized coins waiting to be sold. It's nearly impossible to map
by bufferoverflow 9y ago
Most of these "whales" are hot and cold wallets for various exchanges, investment fund holdings, seized coins waiting to be sold.
It's nearly impossible to map an address to its owner (or owners).
- ct0 9y agoIsn't the US Gov one of these whales ever since SilkRoad was seized?
- bufferoverflow 9y agoNot anymore, they all got auctioned off. Cheaply too, they averaged around ~$290 per bitcoin. https://www.justice.gov/usao-sdny/pr/acting-manhattan-us-attorney-announces-forfeiture-48-million-sale-silk-road-bitcoins https://www.justice.gov/usao-sdny/pr/acting-manhattan-us-att...
- charlesdm 9y agoThese coins were mostly sold off to venture capitalist Tim Draper, for $50m: https://hacked.com/tim-draper-has-made-over-110-million-since-2014-with-his-bitcoin-investment/ https://hacked.com/tim-draper-has-made-over-110-million-sinc... Might sound like a success story now, but at a certain point he was down 70% on his investment!